Whether you’ve been thinking about making a significant lifestyle change for some time now, or you’ve become one of those who has recently scored themselves a more remote working arrangement, you might be looking at your vacation home with a new sense of longing. What if you could live there permanently? It’s not as unachievable as you might think. Here are a few considerations to make.
Get to Know the Weather
Access to better weather is one of the big appeals about vacation homes in the first place. However, you might have only seen it during the best seasons before. Now, you should do your research on temperature and rainfall outside of those peak seasons. You might have to be prepared for more diverse weather than you might think. Even if it is always sunny and gorgeous, it can take a while to acclimate to that, too.
What About Your Mortgage?
It is true that banks and lenders treat mortgages differently depending on what kind of property it is. As such, you might want to refinance your vacation home if it’s going to be your primary residence in some cases. Specifically, it can benefit you if you’re going to sell or rent out the old home to pay off the mortgage. Sometimes, the savings are worth it, but otherwise, if you have no or little mortgage left to pay, it might not be worth the trouble.
Make the Home Suit a Permanent Lifestyle
You might love the idea of a constant vacation but that’s not the reality of living at your vacation home. You take your “everyday” with you. It can be vastly improved by a more welcoming environment, but you need to adapt it to your everyday needs, too.
This might include some renovations for additional storage space and for a home office, too, if you still plan on doing some work from there. Be sure to rethink your needs from a property and see if you can adapt the vacation home to them easily.
Managing the Move
Even if you’re keeping your old home, but sure to treat this like any regular move. Have the utilities to the old home cut off (unless/until someone else is living there), be sure to update your contacts including tax agencies, banks, employers and the like on your address, and stop or redirect any mail going to the old residence.
If your vacation home already has plenty of furniture in it, you might want to temporarily store your extra items in a self storage facility in Park City. You might not immediately have room for important belongings until you get yourself settled in the new home, but that doesn’t mean you should get rid of everything. Keep it safe until you know what to do with it.
With the tips above, you can hopefully make a move into your vacation home a lot more affordable and accessible. Then, you can better enjoy all the lifestyle benefits of a home truly catering to your wants.